Barbados: Deadlines for 2019 FATCA, CRS returns extended to 31 August (COVID-19)
Barbados: Deadlines for 2019 FATCA, CRS returns
The Barbados revenue authority extended to 31 August 2020 the reporting deadlines for FATCA and the common reporting standard (CRS) returns for the 2019 reportable year, as a relief measure in response to the coronavirus (COVID-19) pandemic.
Additionally, the Barbados revenue authority:
- Announced that the web portal is available for 2019 automatic exchange of information (AEOI) submissions
- Issued a reminder to financial institution operating for a full or partial period that AEOI submissions for that particular period must be filed
- Explained that any request to have AEOI accounts deleted must be submitted in writing and that all outstanding submissions must be completed before an account can be deleted
Read a June 2020 report [PDF 65 KB] prepared by the KPMG member firm in Barbados
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